Liquidity - the key to survival during the credit crunch

The global credit crunch has once again focussed the attention on the liquidity of organisations as one of the best protection mechanisms against weak economic conditions. Quamali Capital has analysed the liquidity of the metros and those municipalities that are destined to become metros in the near future. An assessment of these nine municipalities' liquidity focuses on their ability to meet short-term obligations indicating the availability of cash and near cash resources relative to their short-term liabilities.